Recent Comments:
Diandra Douglas in Montecito, Estate of the Day {Luxist}
Apr 20th 2010 4:49PM Went to school with Diandra in 73 in Mallorca (ACS)! She was a very nice gal if not a little quiet! Wouldn't wish the lifestyle of the rich and famous on anyone! Wish her well!
Asian markets give Bronx cheer to $700 billion bailout {BloggingStocks}
Sep 29th 2008 5:02PM I'm starting to get depressed and I'm an optimist! Possible solution: Have the home owners that took out these upside down mortgages take on part of the loss if they have to give the home back to the bank- period. What percentage, I don't know perhaps 50%. In exchange they get to keep their credit status and it allows them to purchase again in the near future. Most of these losses are very doable for most of these home owners! It really is a case of buyer beware! Or, if they're not willing to do this, assign an insurance type premium to any loan they take out for a lifetime. Also, investigate all loan fraud and aggressively prosecute! If you granted a fraudulant loan we want as much of the money back as possible. If you lyed on a loan ap (no ss# required, no income check,etc) the tax payers would like it all back no matter how long it takes-please see your loan doc gov small print (it's a Federal offense)
Live below your means and embrace Christianity! Aren't ya all tired of this moral decline? The Republicans voted correctly in my opinion!
